Before the bell rings, see which businesses are in the news.
Shares of Nvidia increased 2.5 percent following the company’s announcement at CES in Las Vegas of new gaming processors for PCs that use its Blackwell technology.
Shutterstock and Getty Images — The announcement of a $3.7 billion merger by the two image databases sent their shares skyrocketing. Shutterstock gained 24%, and Getty increased 45%. The Getty name will remain in use by the new business.
Tesla—the electric vehicle company—saw a 2% fall. — Carvana Following RBC’s upgrade to outperform sector performance, the online call selling platform saw a 3.8% increase.
Aurora Innovation — Following the announcement of a collaboration with Nvidia and Continental to introduce driverless trucks, the self-driving technology company’s shares jumped 37%.
Following Stryker’s announcement that it will purchase the medical device manufacturer for around $4.9 billion, or $80 per share in cash, Inari Medical’s stock surged 21%. Stryker’s stock fell by almost 2%.
A day after rising 251% on the news that Disney would combine its Hulu + Live TV service with Fubo, shares of FuboTV increased by 2%. 30% of the business will be owned by Fubo, and 70% by Disney.
Micron Technology— After closing up 10% the previous session, the chipmaker increased its gains by 3.7%.
Following the announcement of CEO Dave Kimbell’s departure and the appointment of Chief Operating Officer Kecia Steelman to succeed him, Ulta Beauty’s stock increased 1% in premarket trading.
Uber Technologies: After the company revealed that it is collaborating with the massive artificial intelligence chip manufacturer Nvidia to create AI-powered autonomous driving technology, its shares increased by more than 2%.
Source (CNBC)
